Travers Smith has suffered yet another partner departure, following the loss of its investment funds head to U.S.-headquartered firm Dechert.

Sam Kay, a Travers lifer, is leaving the firm after over 25 years. He was first made partner in 2008, according to his LinkedIn profile. As head of the investment funds group, he works across a variety of sectors including private equity, infrastructure, private debt and real estate, as well as for a range of institutional investor clients.